RM2 International (“RM2” or the “Company”), the vertically-integrated innovator in pallet development, manufacture, supply and management, is pleased to announce that it has received a commitment from PPG Industries, Inc. ((NYSE:PPG) and “PPG”) an S&P 500/Fortune 200 company for the deployment of RM2 pallets. RM2 expects this deployment, which begins immediately, to exceed 250,000 of BLOCKPal TM pallets and to take place in stages across various business units and geographical areas.
Chief Executive Officer of RM2, John Walsh, commented: “This substantial relationship is further evidence of the benefits the RM2 BLOCKPalTM brings to major corporations across all industry sectors. RM2 is proud to be working in partnership with PPG, helping them to improve efficiencies, achieve sustainability goals and deliver significant savings across large parts of their supply chain.”
Viktoras R. Sekmakas, Executive Vice President of PPG commented: “Deployment of the RM2 BLOCKPalTM will improve PPG’s efficiencies and help us to achieve our sustainability mandate. The exceptional strength, durability and handling characteristics of the BLOCKPalTM make RM2 a valuable partner for PPG.”
For further information please contact:
RM2 International S.A. +44 (0)20 8820 1412
John Walsh, Chief Executive Officer
Jeff Blouvac, Chief Financial Officer
Ruari McGirr, Head of Planning and Communication
RBC Capital Markets
Tristan Lovegrove
Pierre Schreuder
+44 (0)20 7653 4000
Citigate Dewe Rogerson +44 (0)20 7638 9571
Simon Rigby
Kevin Smith
Shelly Chadda
Notes to Editors
RM2 International S.A. specialises in pallet development, manufacture, supply and management to establish a leading presence in global pallet supply and improve the supply chain of manufacturing and distribution businesses through the effective and efficient use and management of composite pallets. It is quoted on the AIM market of the London Stock Exchange under the symbol RM2.L. For further information, please visit www.rm2.com
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